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Topic: Parkt Opens Its Parking Rewards System to Bitcoin Users (Read 830 times)

Q7
sr. member
Activity: 448
Merit: 250
I think it's a good marketing tactic that also benefits bitcoin. If you pay small amount in dollars people might not take notice. If you pay in bitcoin as in a different currency, customers might be asking about it. participation especially from the bitcoin community will also help popularize the program. Either way, bitcoin gains as well in terms of more exposure to the general who have no idea what bitcoin is
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.


" "What really annoys people about parking is paying for it," said Parkt CEO Tim Karunaratne, noting that the average American spends about $1,300 a year doing just that. "The system is pay-to-spend," he added.

Parkt works with mobile apps on devices used by both customers and businesses. Customers first use it to scan a QR code when they check their car into a parking garage, and the app then displays a list of businesses in the local area that participate in the scheme.

When spending money at a participating business, the customer scans another QR code which adds dollar-value reward points to their account. Businesses set their own spending thresholds for rewards – for example, $3 for $50 spent.
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You can see the full story here on Coindesk : http://www.coindesk.com/parkt-opens-parking-rewards-system-bitcoin-users/
It's pretty nice and goodif you ask me Grin I like the idea . What do you guys think about it ?

~ Madness
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